Watching the Wall Street credit meltdown and its aftermath, California regulators Thursday expanded financing limits on the state’s two largest private-sector utilities — Pacific Gas and Electric Co. (PG&E) and Southern California Edison Co. (SCE).
Aftermath
Articles from Aftermath
Blizzards Put the Pinch on Canadian Natural Gas Supplies
The storms were too far away to even have names, but their aftermath — an exceptionally snowy winter in northern British Columbia and Alberta — contributed to a slippage in Canadian natural gas supplies.
Blizzards Put the Pinch on Canadian Natural Gas Supplies
The storms were too far away to even have names, but their aftermath — an exceptionally snowy winter in northern British Columbia and Alberta — contributed to a slippage in Canadian natural gas supplies.
FERC Expects Filings for 14 Gulf Storage Projects by 2011
Due in part to the energy infrastructure damage and disruptions along the Gulf Coast in the aftermath of last year’s hurricanes, FERC anticipates that applications seeking to build 14 new natural gas storage projects will be filed over the next five years, the agency told Congress and the Bush administration Friday.
FERC Expects Filings for 14 Gulf Storage Projects by 2011
Due in part to the energy infrastructure damage and disruptions along the Gulf Coast in the aftermath of last year’s hurricanes, FERC anticipates that applications seeking to build 14 new natural gas storage projects will be filed over the next five years, the agency told Congress and the Bush administration Friday.
BP Faults Storms’ Effects on Lower 4Q Output, Profits
The aftermath of last summer’s devastating hurricanes in the Gulf of Mexico continued to play havoc with London-based BP plc’s production in the final quarter of 2005, with output down from a year ago and lost profits and repairs costing nearly $1 billion.
Industry Brief
Shell Exploration & Production said Monday that it is committed to returning to New Orleans. Since Hurricane Katrina and its aftermath hit New Orleans in August, Shell has been working out of temporary work locations in Robert and Baton Rouge, LA and Houston, TX. The company said it will soon be returning to permanent offices in New Orleans, assuming the city is fully restored and able to support full operating needs. “We expect to have a substantial number of currently displaced New Orleans Shell employees back home and back at work in the city we cherish early next year and expect almost all to return in the Q1/Q2 timeframe,” said Marvin Odum, executive vice president – EP Americas.
NGI The Weekly Gas Market Report
Domenici Urges Lawmakers to Lift OCS Drilling Ban, Cites Perilous Winter Supply
In the aftermath of Hurricanes Katrina and Rita, the chief energy policymaker in the Senate last Thursday called on the Bush administration to seriously consider opening the gas-rich Lease 181 areas in the eastern Gulf of Mexico to production, saying the action was warranted in light of a potential natural gas shortage and unprecedented high prices that were expected during the upcoming winter heating season. Top industry executives, reeling from the effects of the twin hurricanes, shared those concerns.
Senate Energy Chairman Sees ‘Painfully High’ Gas Prices, Uncertain Supply This Winter
In the aftermath of Hurricanes Katrina and Rita, the chief energy policymaker in the Senate warned the nation Thursday to expect a potential natural gas shortage and unprecedented high prices during the upcoming winter heating season. Top industry executives, reeling from the effects of the twin hurricanes, shared those concerns.
Katrina Takes Toll on Small Gas Municipals in Louisiana, Mississippi
At least 14 municipal natural gas distribution systems in Louisiana and Mississippi sustained heavy damages in the wake of Hurricane Katrina and its aftermath, according to an official with the American Public Gas Association (APGA).